Fisal and Tamer started a dry cleaning business. The business may be successful or it may fail. The type of risk that is

Question

Question: Fisal and Tamer started a dry cleaning business. The business may be successful or it may fail. The type of risk that is present when either a profit or loss could occur is called

Option:

1.  Pure risk
2.  Subjective risk
3.  Fundamental risk
4.  Speculative risk

Answer 1

4. Speculative risk

Fisal and Tamer started a dry cleaning business. The business may be successful or it may fail.

The type of risk that is present when either a profit or loss could occur is called Speculative risk.